ESSENTIAL MATHEMATICS FOR ECONOMIC AND FINANCE

ECO1EME

Not currently offered

Credit points: 15

Subject outline

This subject is designed for students who have not studied calculus or its applications in economics, business and finance and for those students who feel they require stronger foundations in these important tools. The focus is on areas of basic mathematics that lead up to differential calculus. The pre-calculus topics to be covered include sets, number systems, functions, linear equations and certain simple non-linear equations. Students are introduced to differential calculus (univariate and multivariate). Each topic will be illustrated using applications from the disciplines of economics, finance and business. This subject provides a pathway to ECO2IQA (Introduction to Quantitative Analysis). The mathematics and its applications taught in ECO1EME are assumed knowledge in Consumers, Firms and Competition (ECO2CFC).

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorDamien Eldridge

Available to Study Abroad StudentsYes

Subject year levelYear Level 1 - UG

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsEssential mathematics for economics and business (third edition)RecommendedBradley Teresa;JOHN WILEY AND SONS GREAT BRITAIN 2008 (REPRINTED WITH CORRECTIONS IN AUGUST 2010).
ReadingsAny good high school mathematics textbook; TBA;PreliminaryN/AN/A

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